The real future of finance

Discussion in 'Crypto Assets' started by Drawdown Addict, Jan 6, 2025.

  1. johnarb and orbit23 like this.
  2. maxinger

    maxinger

    upload_2025-1-6_16-32-31.jpeg

    The boat/train/plane/rocket left a few months ago.

    It has already gone up by ~ 10x.
     
  3. It is still early, as with every other coin.

    That is what crypto bros say, and I believe them.
     
    johnarb likes this.
  4. Sekiyo

    Sekiyo

    Still I believe there is more opportunities in the stock market.
    Bitcoin is kind of correlated with QQQ and altcoins are correlated with BTC ...

    upload_2025-1-6_16-34-0.png

    Actually BTC is more correlated with SPY (as per slope)

    upload_2025-1-6_16-46-58.png

    ETH vs BTC is more obvious visually

    upload_2025-1-6_16-45-20.png

    Among the 12 sp500 sectors ETF ...
    BTC has the highest slope with XLC (0.77)
     
    Last edited: Jan 6, 2025
    tomas262 and johnarb like this.
  5. orbit23

    orbit23

    Limited supply of 999.99M tokens? R E V O L U T I O N A R Y!

    If the traditional financial system collapses, fartcoin will take over and thus everyone should have some allocation in their investment portfolio!

    We need a FART ETF ASAP!
     
    Drawdown Addict likes this.
  6. johnarb

    johnarb


    I think btc will go above $300k before eoy 2025 and it would be difficult to find a stock that will triple before eoy 2025 including the spy and qqq

    btc is undervalued...

    upload_2025-1-7_1-20-51.png
     
    tomas262 and Sekiyo like this.
  7. tomkat22

    tomkat22

    So Fartcoin is blowing out of the station? It's breaking like the wind?
     
    Last edited: Jan 6, 2025
    Drawdown Addict likes this.
  8. 2rosy

    2rosy

    i get these correlations. crypto isn't correlated with real world.
    Code:
    Ticker    BTC-USD   ETH-USD       QQQ       SPY
    Ticker
    BTC-USD  1.000000  0.807850  0.250117  0.264264
    ETH-USD  0.807850  1.000000  0.270984  0.289908
    QQQ      0.250117  0.270984  1.000000  0.928624
    SPY      0.264264  0.289908  0.928624  1.000000
     
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  9. Sekiyo

    Sekiyo

    My bad. Correlation and linear regression are two different things.
     
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  10. ironchef

    ironchef

    Sorry, to my untrained eyes, it doesn't look too correlated to QQQ or SPY? o_O What is the variance or R^2?
     
    #10     Jan 6, 2025
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